TAP tap oil limited
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July 5 (Reuters) - Tap Oil Ltd (TAP) : ENTERED COMMODITY SWAP...

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    05/07/19
    19:30
    Post #: 39398035

    July 5 (Reuters) - Tap Oil Ltd (TAP) :

    • ENTERED COMMODITY SWAP WITH BP SINGAPORE COVERING 30,000 BARRELS OF MANORA CRUDE AT US$61.00/BBL
    • IN TOTAL COMBINED, 58,125 BARRELS OF MANORA CRUDE JULY CARGO HEDGED REPRESENTING 72% OF COVER
    • COVER WILL PROVIDE PRICE CERTAINTY AGAINST ANY DOWNTURN IN PRICES THAT MAY OCCUR DURING JULY 2019
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